Beneficial Ownership Information Reporting
Spill the Beans or Face the Music
The New Reality of Business Transparency
After years of uncertainty and shifting deadlines, the Corporate Transparency Act's Beneficial Ownership Information (BOI) reporting requirement is now set in stone. For millions of small businesses, this isn't just another regulation – it's a mandatory disclosure with serious teeth.
What's Really Going On Here?
The federal government wants to know who actually owns and controls American businesses. No more hiding behind corporate veils. It's part of a global push for transparency, and this time, they mean business.
The Hard Facts
- Final Deadline: January 1, 2025 for existing companies
- New Business: Must file within 30 days of formation
- Changes: Must update within 30 days of ownership changes
- Scope: Most companies with fewer than 20 employees must file
Let's Talk About Those Penalties
Because sometimes a spoonful of sugar doesn't help the medicine go down:
- $500 per day in civil penalties
- Criminal fines up to $10,000
- Potential imprisonment up to 2 years
- Permanent compliance record issues
Who Needs to Report?
You're probably on the hook if you're a:
- Corporation
- LLC
- Limited Partnership
- Other similar entity
Unless you're:
- A public company
- Already heavily regulated (banks, credit unions)
- A tax-exempt organization
- Dormant (pre-2020, no activity, no foreign ownership)
Why Now?
The U.S. has been criticized for being a haven for shell companies and financial opacity. This regulation brings us in line with international standards. After multiple false starts and delays, the government is fully committed to this deadline.
We Make It Simple
Let's face it – nobody started their business dreaming about filing BOI reports. That's why we're here.
1. Quick Assessment: 30-second check to determine if you need to file
2. Streamlined Collection: Simple forms, clear questions
3. Secure Filing: We handle the FinCEN submission
4. Peace of Mind: Updates and reminders when needed
Why Act Now?
Think of January 1, 2025 like tax day – you don't want to be scrambling with millions of other business owners at the last minute. Get it done now, and get back to running your business.
Click on the blue button below to start your BOI Reporting
No payment required to check if you need to file
The Bottom Line
This isn't just another piece of paperwork you can ignore. The penalties are serious, the deadline is firm, and the government is committed to enforcement. But with our help, you can knock this out quickly and correctly.
Still Not Sure?
"But what if the requirements change again?"
They might adjust some details, but the core requirement isn't going away. Filing early means you're covered, and we'll help you update if needed.
"What about privacy concerns?"
We take your privacy seriously, and FinCEN has strict data protection protocols. This isn't public information – it's confidential government reporting.
"Can't I just do this myself?"
We help you complete your BOI Reporting requirements for a flat fee, starting at $250 for a simple report and going to $1,000+ for complex situations. We offer hands on support and a white glove option, so you can get back to work!
"Can't I just do this myself?"
Yes! We would love for you to do this yourself. See the guide we have built for self-filers. If you have any questions along the way you can schedule time with us.
Click the blue button below to get started, and see if you need to file!
---
*Note: While we keep things light, we take compliance seriously. Our process is designed for accuracy and completeness, backed by thorough understanding of FinCEN requirements.*